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Energy derivatives trader vs forex trader

The differences between energy derivatives traders and forex traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, an energy derivatives trader has an average salary of $117,470, which is higher than the $115,092 average annual salary of a forex trader.

The top three skills for an energy derivatives trader include derivative, futures contracts and interest rates. The most important skills for a forex trader are technical analysis, foreign exchange market, and technical indicators.

Energy derivatives trader vs forex trader overview

Energy Derivatives TraderForex Trader
Yearly salary$117,470$115,092
Hourly rate$56.48$55.33
Growth rate10%10%
Number of jobs3,12517,582
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 61%
Average age4343
Years of experience--

Energy derivatives trader vs forex trader salary

Energy derivatives traders and forex traders have different pay scales, as shown below.

Energy Derivatives TraderForex Trader
Average salary$117,470$115,092
Salary rangeBetween $69,000 And $197,000Between $67,000 And $197,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyMUFG EMEA-
Best paying industryAgriculture-

Differences between energy derivatives trader and forex trader education

There are a few differences between an energy derivatives trader and a forex trader in terms of educational background:

Energy Derivatives TraderForex Trader
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 61%
Most common majorFinanceFinance
Most common college--

Energy derivatives trader vs forex trader demographics

Here are the differences between energy derivatives traders' and forex traders' demographics:

Energy Derivatives TraderForex Trader
Average age4343
Gender ratioMale, 92.6% Female, 7.4%Male, 91.5% Female, 8.5%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% American Indian and Alaska Native, 0.2%Black or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.1% Asian, 12.1% White, 67.1% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between energy derivatives trader and forex trader duties and responsibilities

Energy derivatives trader example responsibilities.

  • Lead a team of four traders and two assistant traders in the CME silver options market.
  • Manage broking and trading teams, expanding customer base and successfully trading IPE and NYMEX energy option contracts.
  • Trade equity index futures and identify arbitrage opportunities in relate securities.
  • Full time investor primarily in equities, futures and their derivatives.
  • Make markets in various OTC trade options in combination with list options trade on the NYMEX.
  • Price options on equities, indexes, and ADR's-both list and OTC- for customers as well as professionals.
  • Show more

Forex trader example responsibilities.

  • Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
  • Execute institutional equity orders on both an agency and proprietary basis in strict accordance to FINRA regulations and establish company guidelines.
  • Execute institutional equity orders on both an agency and proprietary basis in strict accordance to FINRA regulations and establish company guidelines.

Energy derivatives trader vs forex trader skills

Common energy derivatives trader skills
  • Derivative, 22%
  • Futures Contracts, 7%
  • Interest Rates, 5%
  • P/L, 5%
  • Fixed Income, 4%
  • VBA, 4%
Common forex trader skills
  • Technical Analysis, 25%
  • Foreign Exchange Market, 17%
  • Technical Indicators, 11%
  • Fundamental Analysis, 11%
  • Manage Risk, 9%
  • Market Trends, 5%